SEC shouldn't require ESG metrics – commissioner : vi

SEC shouldn't require ESG metrics – commissioner


SEC shouldn’t require ESG metrics – commissioner
SEC shouldn’t require ESG metrics – commissioner
Bloomberg
Hester M. Peirce, a Republican, has served on the SEC since 2018. Her renomination as commissioner was secured Thursday.
The SEC should facilitate creative thinking to address ESG issues, not require companies to disclose standard ESG metrics, Commissioner Hester Peirce said in a statement.
In "Rethinking Global ESG Metrics," Ms. Peirce noted "mounting pressure" for a single global set of ESG metrics, and that "the idea of enlisting the securities laws to achieve ESG objectives is gaining traction among activists and policy elites," with some advocates calling for alignment with European rules in the works or standards set by an international body.

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